IRA Accounts
Solid assistance for your financial future
Solid assistance for your financial future
Choose from Traditional, Roth, or Coverdell Educational Savings Account (ESA) Certificates with powerful features:
Traditional IRA earnings are tax deferred. That means you won’t pay taxes on them until you withdraw the money. You could be eligible for a tax deduction when you deposit the money, too.
Consult your tax advisor for more information.
The best thing about a Roth IRA is earnings are tax free when withdrawn. To further reduce your tax burden, speak to your tax advisor about “qualified distributions” for more tax-free earnings.
An education savings vehicle for children, this certificate comes with a $2,000 contribution limit per year. ESA contributions are not tax deductible, but if assets are used for qualified education expenses the earnings can be tax free.
ESA accounts can be used for elementary, secondary, or higher education expenses.
Traditional/Roth/Coverdell/IRA Certificates | |||
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Account Name | Minimum to Open/Earn APY | Dividend Rate | Annual Percentage Yield (APY) |
12 Months Traditional/Roth/Coverdell/ IRA Certificate | $1,000 / $1,000 | .80% | .80% |
24 Months Traditional/Roth/Coverdell/ IRA Certificate | $1,000 / $1,000 | 1.15% | 1.16% |
36 Months Traditional/Roth/Coverdell/ IRA Certificate | $1,000 / $1,000 | 1.50% | 1.51% |
Rates effective as of 2/1/2023.
All rates, terms and conditions subject to change.
To open an IRA account today, visit any of our conveniently located branches.